Devon Energy (DVN) Tax Rate (2009 - 2026)
Devon Energy's (DVN) quarterly Tax Rate came in at 22.36% in Q2 2026, down 419.0% year-over-year from 7.01% in Q2 2025, and down 92.74% quarter-over-quarter from 308.2% in Q1 2026.
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Analysis
Devon Energy (DVN) Tax Rate (2009 - 2026) Analysis & Trends
Devon Energy (DVN) has reported Tax Rate for 18 consecutive years, with 22.36% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 419.0% year-over-year to 22.36% in Q2 2026; TTM through Jun 2026 was 21.18%, a 819.0% decrease from a year earlier, with the FY2025 full-year figure at 31.23%, up 477.0% from the prior year.
- Tax Rate was 22.36% for Q2 2026 at Devon Energy, down from 308.2% in the prior quarter.
- Over five years, Tax Rate peaked at 308.2% in Q1 2026 and troughed at 16.93% in Q3 2023.
- A 5-year average of 41.85% and a median of 26.42% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate sank 75384 bps in 2022 and soared 27360 bps in 2026, its largest moves.
- Over 5 years, Tax Rate stood at 22.47% in 2022, then jumped by 40 bps to 31.52% in 2023, then advanced by 6 bps to 33.45% in 2024, then rose by 6 bps to 35.51% in 2025, then slumped by 37 bps to 22.36% in 2026.
- The last three Tax Rate figures came in at 22.36% (Q2 2026), 308.2% (Q1 2026), and 35.51% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 158.35 Bn | 150.66 Bn | 12.81 Bn | 35.37% |
| 2 | Canadian Natural Resources | 103.29 Bn | 101.40 Bn | 8.84 Bn | 18.22% |
| 3 | Eog Resources | 75.64 Bn | 70.73 Bn | - | 22.15% |
| 4 | Diamondback Energy | 53.99 Bn | 59.61 Bn | 5.55 Bn | 22.01% |
| 5 | Devon Energy | 53.46 Bn | 52.45 Bn | 6.02 Bn | 22.36% |
| 6 | Expand Energy | 20.25 Bn | 18.99 Bn | 2.33 Bn | 22.32% |
| 7 | Permian Resources | 19.06 Bn | 18.80 Bn | - | 21.99% |
| 8 | Ovintiv | 17.25 Bn | 16.37 Bn | 2.83 Bn | 15.40% |
| 9 | Apa | 15.72 Bn | 16.20 Bn | 2.28 Bn | 18.32% |
| 10 | Antero Resources | 10.76 Bn | 10.19 Bn | 1.56 Bn | 21.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.36% |
| Mar 31, 2026 | 308.20% |
| Dec 31, 2025 | 35.51% |
| Sep 30, 2025 | 32.30% |
| Jun 30, 2025 | 26.55% |
| Mar 31, 2025 | 34.60% |
| Dec 31, 2024 | 33.45% |
| Sep 30, 2024 | 27.22% |
| Jun 30, 2024 | 21.12% |
| Mar 31, 2024 | 26.28% |
| Dec 31, 2023 | 31.52% |
| Sep 30, 2023 | 16.93% |
| Jun 30, 2023 | 27.52% |
| Mar 31, 2023 | 20.87% |
| Dec 31, 2022 | 22.47% |
| Sep 30, 2022 | 22.92% |
| Jun 30, 2022 | 22.32% |
| Mar 31, 2022 | 21.16% |
| Dec 31, 2021 | 9.03% |
| Sep 30, 2021 | 12.45% |
API Access
Devon Energy Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=DVN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DVN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=DVN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();